Morgan Stanley sets USD 112 target for Principal Financial stock

Published on 10/06/2026 at 11:55 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Q2 revenue rose to USD 3.91 billion from USD 3.67 billion. Principal Financial stock draws a USD 111.55 consensus target, while net profit was USD 403.4 million.

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Principal Financial stock (ISIN US74251V1026) has a fresh USD 112.00 price target from Morgan Stanley. On October 5, 2026, Morgan Stanley assigned Principal Financial a Hold rating and the target, as Business Insider reported. The company is also scheduled to publish third-quarter results on October 26, 2026.

Results date brings the next test

Principal said on October 1, 2026, that it will release third-quarter 2026 financial results after the U.S. market close on October 26. Management scheduled a conference call for October 27 at 10:00 a.m. ET, giving investors a defined date for the next operating update.

The appointment is important because the second-quarter numbers presented a mixed earnings profile. Revenue increased from USD 3.67 billion to USD 3.91 billion, a 6.54 percent rise, while net profit declined from USD 406.2 million to USD 403.4 million, a 0.69 percent decrease, according to Business Insider.

Revenue growth meets valuation scrutiny

That contrast leaves the October results with two separate benchmarks. Revenue growth shows expansion in the reported second quarter, while the lower net profit keeps attention on earnings quality and the costs or investment effects affecting the bottom line.

Morgan Stanley's USD 112.00 target sits below the USD 111.55 average target cited in the same October 5 report, while the rating remains Hold. The narrow gap between those figures makes the next earnings release more relevant than a broad consensus label alone.

Nasdaq range frames the stock

Principal Financial Group was last at USD 111.03 on Nasdaq on October 5, 2026 at 4:00 p.m. ET. Its market capitalization was USD 23.8 billion, and the 52-week range was USD 77.90 to USD 121.18, placing the latest Nasdaq value USD 10.15 below the yearly high, or 8.38 percent below it.